BANK IBPS RRB PO Mock Test Series 2025 (Pre + Mains) Quantitative Aptitude Interest Compound Interest
A sum of Rs. 20,000 is invested at compound interest for 2 years at two different rates of interest of 10% per annum for the first year and 5% per annum for the next year. Find the compound interest earned after two years.
1
Rs. 3100
2
Rs. 3600
3
Rs. 2300
4
Rs. 4200
5
Rs. 5500